Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data...

While the tradeoff between market failure and government failure has been explored both theoretically and in practical policy design, the question of whether this trade-off appears in the calculus of citizens' demands for government regulation remains underexplored. We first clarify the channels...

The corruption is a secondary phenomenon, because there are economic preconditions causing it. Unless the achievement of macroeconomic stability and the formation of the institutions appropriate to a market economy reach their logical ending, both of them may become the cause of corruption in...

This paper studies the relationship between political connections and corporate compliance with labor protection. Utilizing a sudden disruption of political connections due to an anti-corruption policy, the paper finds that depoliticization improves firms’ compliance with the social security...

While the tradeoff between market failure and government failure has been explored both theoretically and in practical policy design, the question of whether this trade-off appears in the calculus of citizens’ demands for government regulation remains underexplored. We first clarify the...

Why are there so few new firms in Russia? This paper provides further insights into the specific Russian business landscape and how it impacts the low level of new firm entry. As this paper indicates, internationally comparative data do not provide many clues, since in terms of purely formal...

This publication advances a public agency-specific framework for the analysis of the causes of public sector corruption in order to develop public-policy recommendations. This framework is applied to the judiciary due to its strategic importance in the fight against public and private sector...

This paper analyses the anti-corruption activities of 24 transition countries in the period 1999-2002. These activities are divided into omnibus anti-corruption programmes, legislative reform aimed at tackling corruption, and adherence to international anti-corruption conventions. The paper...

This paper investigates how, government ownership can better enhance entrepreneurs' incentives to invest than private ownership. Bureaucracy creates opportunities for governments to extort entrepreneurs, as entrepreneurs make transfer payments to these governments in order to steer through...

This paper investigates the impact of institutional reform in the form of anticorruption on corporate investment decision-making in Vietnam, a country characterized by a socialist-orientation economy and the dominance of the public sector. Analysing different firm datasets of during 2006-2019,...